Informers get £38,000 from Revenue

Informers get £38,000 from Revenue

The Inland Revenue had paid out £38,000 in rewards to informers since 1998, paymaster general Dawn Primarolo has told the House of Commons.

Primarolo told North Wiltshire Tory MP James Gray that payments totalling £15,000, £18,000 and £5,000 for each year up to March 2001 were so small they did not have to come out of a separate vote.

Primarolo’s comments come soon after she admitted the Treasury had no idea of the degree of success or failure of anti-avoidance tax legislation introduced in recent years.

The paymaster general told Commons it was not ‘possible to assess with any degree of accuracy the amount of tax saved as a result of anti-avoidance measures’.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article